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Xtract Resources ( (GB:XTR) ) has issued an update.
Xtract Resources Plc has announced the award of 25,560,000 new share options to its directors, employees, consultants, and officers, representing a significant incentive plan. The options, which are immediately exercisable, are priced at a 35% premium to the recent closing price, reflecting confidence in the company’s future prospects and potentially aligning the interests of management and stakeholders with long-term company performance.
More about Xtract Resources
Average Trading Volume: 2,681,397
Technical Sentiment Signal: Hold
Current Market Cap: £8.56M
For a thorough assessment of XTR stock, go to TipRanks’ Stock Analysis page.